IFFCO Tokio Individual Medishield

IFFCO Tokio Individual Medishield Policy

"Health is wealth" this single line completely describes the importance of health and a healthy lifestyle. We all know that health is our first priority and it should always be. Insuring health is the best way to secure our health and that of our loved ones.

This health plan by Iffco Tokio provides the coverage and offers cash free hospitalization benefits in more that 3000 hospitals all over India. This policy also pays for expenses that occur during pre and post hospitalization stages of the treatment.

Benefits and Features

Basic Attributes

Hospitalization Expenses: Expenses that occur during the treatment of any disease or injury sustained/incepted in the policy period, however the treatment can continue after the expiry date of policy as well. Under this segment of policy, the insurer will cover hospitalization and related expenses.

Donor Expenses: Hospitalisation expenses that include the expenditure of an organ donor in a organ transplantation of the policyholder will be covered within the overall and individual limits of sum insured specified under the policy.

Domiciliary Hospitalisation: Domiciliary expenses of up to sub-limit of 20% of basic sum insured will be covered. It includes expenses for medical treatment for a period of more than 3 days that normally needs hospitalization, but is actually taken at home for some particular reasons.

Pre and Post Hospitalisation: All the expenses of pre and post hospitalization for a maximum period of 60 days each will be covered under this insurance policy.

Expert View

As the name suggests, this is a complete health security plan for you and your family as well. The insured will get the desired coverage at any time when he/she need it. It is an affordable form of securing better health.

Why IFFCO Tokio Individual Medishield Policy?

Wider Coverage: Coverage is available for person between 3 months and 80 years of age. Children between 3 months and 5 years will be liable to get the coverage.

No medical checkup: No medical checkup or pre medical testing required up to 45 years. Beyond that, some tests would be needed.

Tax Benefits: Income Tax benefit is available to the insured under Sec 80D of the I.T. Act, forpremium paid under thepPolicy.

Exceptions

Any pre-existing disease will not be covered, for a period of 3 continuous years from beginning of medical policy. There is a 30 day waiting period for newly discovered diseases.

All claims and related expenses that take place because of pregnancy, other than ectopic pregnancy will not be liable for any cover.

All non medical expenses, including personal comfort and convenience item and services would not get any coverage from the insurer.